by Christine | Mar 22, 2013 | Business Sale, Buy-Sell Agreement, Estate Planning, Exit Strategy, Family Business, Small Business, Succession Planning |
Dad wants to eventually sell the family business to his daughter. She has the smarts, drive and desire, and he doesn’t want to work forever. Not only does he want the business to be a success for her; but, part of his retirement income will be dependent on her making...
by Christine | Sep 4, 2012 | Estate Planning, Family Business, Small Business, Succession Planning |
There are a number of reasons you might want to put your name on your business. But before you launch your eponymous company, project yourself into the future—the very reason you’ve chosen to name your company after yourself may be the reason you...
by Christine | Aug 9, 2012 | Estate Tax, Family Business, Farms, Liquid Assets |
The American Farm Bureau Federation said it concurs with a Joint Economic Committee report, "Costs and Consequences of the Federal Estate Tax," released Wednesday that details the financial harm posed by estate taxes on family businesses. It’s a simple...
by Christine | Jul 17, 2012 | 2013, Family Business, Family Limited Partnership, Investments |
Family Limited Partnerships – Worth Another Look (Especially This Year)? A FAMILY limited partnership was once a rather esoteric way for wealthy families to centralize the management of real estate and various pots of money. But this is not a normal tax year....
by Christine | Apr 27, 2012 | Family Business, Small Business, Succession Planning |
Running a family business is the most natural thing in the world–and the most unnatural. Handle it well, and it can make you rich, capitalize on bonds no ordinary colleagues could share, and keep your family employed for generations. Handle it badly, and it can...
by Christine | Apr 20, 2012 | Family Business, Succession Planning |
Despite the particular challenges of running a family business, the successful ones recognize that their longevity depends on keeping customers, employees and shareholders happy. “We don’t like the idea of family business,” Andrew Cornell said. “We like the idea of...
